Consumer spending on general merchandise finished 2021 up 15% versus the year earlier, with a 6% increase in unit sales, according to The NPD Group, and it wasn’t all holiday action. Although holiday shopping brought positive retail results, the early part of 2021...
The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...
Consumers have set improving physical, mental and financial health as key goals in 2022, a New Year’s resolution survey from market research firm Numerator revealed, but half of resolution makers worry that inflation might keep them from reaching their goals. As the...
Super Saturday may not have been as super as retailers would have liked, although certain specific factors may have played into somewhat underwhelming results including the date being a full week before Christmas and retailers touting last minute delivery options that...
